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Europe’s electricity infrastructure and market design disparities have become major obstacles to the green transition. Delays in grid development have created a backlog of over 800 GW of wind and solar capacity awaiting connection, nearly double the current supply.
Economic superpowers have implemented competing chip policies as trade tensions intensify. Like China and the US, Europe unveiled its own version of chip industrial policy with the European Chip Act and set a bold target to reach 20% of domestic production of chips by 2030.